Tips for Finding Self Storage in Deltona, FL
Just starting your Deltona self storage search? There are a few things you should know. The pricing and availability of storage units in Deltona will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Deltona to give you a better idea of these factors.Moving and Storage in Deltona, FL
Many people use storage as part of their move, so if there are many people moving to Deltona, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Deltona we can get a better idea of the amount of moving activity. According to the US Census, the Deltona metro area's population grew from 85,201 in 2010 to 86,890 in 2014, a growth rate of 1.98%.The Relationship Between Real Estate and Self Storage in Deltona, FL
The Deltona real estate climate may affect storage prices and availability in a number of ways, one of those ways being housing prices. By looking into US Census data on Deltona housing values and median rents, we can get a better idea of the real estate climate in Deltona and how it may affect self storage. According to the US Census, the median value of a home in Deltona is $148,500, which is lower than the average for the top 100 US metros. Between 2009 and 2013 the median home value in Deltona declined by -20.67%. The median income in Deltona makes up 29.05% of the median home value, which indicates that housing in Deltona is less affordable than in other large cities. 73% of homes in Deltona are owner occupied, a higher rate than comparable cities.
At $916 per month, median rent in Deltona is higher than the average for the top 100 US cities. Between 2005 and 2013, the median rent in Deltona grew by 6.76%, a lower rate than comparable cities. In terms of rent affordability, the yearly median rent in Deltona would consume 25% of the median income. This makes Deltona less affordable than similar cities. Renters occupy approximately 26% of housing in Deltona, a lower rate than similar cities.
Cities where homes tend to be smaller may have a greater need for extra storage space. Homes in Deltona have a median number of 5.9 rooms, which is lower than the average for large US metros. The median price per room in Deltona is $25,169, which is lower than average among the top US metro areas.
One way to get an idea of the demand for housing and storage space in Deltona is to look at housing occupancy and vacancy rates. Low rates of vacancy in Deltona housing could indicate that real estate is in short supply. Self storage units in Deltona may then also be in short supply, which means Deltona storage unit prices may be higher. According to US Census estimates, 88.7% of housing units in Deltona are occupied, while the vacancy rate is at 11.3%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Deltona may also be higher. That might make it harder to find cheap storage in Deltona.Self Storage Prices and Economics in Deltona, FL
Cities with a wealthier population and a faster-growing economy may see higher storage prices. Looking at economic statistics for Deltona can be particularly helpful if you're moving from another city. According to the most recent US Census data, median income in Deltona is $43,133, which is lower than the average for the top 100 US metro areas. From 2009 to 2013, median income in Deltona declined by -0.45%. 2.3% of those living in Deltona make over $200,000 a year, a lower rate than the average for the top 100 US metros. Deltona has a total GDP of $13,085,000,000 and a GDP per capita of $21,767. That GDP per capita is lower than it is for comparable cities. Education levels also tend to correlate with wealth. 33% of Deltona residents over the age of 18 have a high school diploma, 13% have a college degree, and 7% have a graduate or professional degree.